Accounting Questions Is Service Revenue an Asset? No, service revenue is not an asset. Assets are defined as resources with economic value that a business owns. Whereas… 4 min read 6 days ago
Accounting Questions Is Unearned Revenue a Liability? At the end of every accounting period, businesses need to make adjusting entries in order to accurately prepare their financial… 5 min read 7 days ago
Accounting Questions What Type of Account Is Unearned Revenue? You’re probably thinking: unearned revenue has to be a revenue account, right? The word revenue is in it! Well,… 5 min read 9 days ago
Accounting What Is Contribution Margin Index:IntroductionElements of Contribution MarginWhat is the significance of Contribution Margin?How is Contribution Margin used by companies?How is… 4 min read 6 months ago
Cloud ERP: a must have software for every organization Every business organization has its own unique process and is bound to face operational issues as it grows. The IT… 2 min read 3 years ago